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Property profile & analytics
OFF-MARKET Estimated value $3,405,000
Manufacturing properties

855 Aeroplaza Dr Colorado Springs, CO 80916-4003

50,146 SF 3.42 ac lot Built 1980
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US13-2621541
Property summary
AI-generated overview

This exceptional 50,146-square-foot industrial property, located at 855 Aeroplaza Dr, Colorado Springs, CO 80916, presents a compelling investment opportunity. Situated on a 3.42-acre lot within the Airport submarket, this single-story building boasts a desirable location in an Opportunity Zone. Constructed in 1980, the structure features a functional layout ideal for distribution and warehouse operations. The high ceilings, ranging from 18 to 20 feet, provide ample vertical space for storage and efficient material handling. The property includes eight loading docks and three dock-high doors, ensuring smooth and efficient loading and unloading processes. The building is zoned BP/CR, offering flexibility for various industrial uses. The asking price is $6,345,000, translating to a price per square foot of $126.53. A potential lease rate of $8.75 per square foot, NNN, is available for year one. This property represents a rare chance to acquire a well-located, functional industrial space with significant potential for growth and return on investment. The property's strategic location and substantial size make it an attractive option for businesses seeking a robust and efficient operational base in the thriving Colorado Springs market.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1980
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 50,146 SF
Lot 3.42 ac (148,975 SF)
Zoning code PIP2/CR AO
APN 6424001002
UPID US13-2621541
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • School College
  • Gustave A Larson Company Big Box & Wholesale Store Building Supply
  • Wayne Dalton Sales & Service of Colorado Springs Building Supply General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$3.30M
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.08M
Blend (final) Blend
$3.41M
Owner & transaction history
855 Aeroplaza LLC · 5 yrs held
855 Aeroplaza LLC
since 2021
Last sale
$3.5M
7 recorded transactions
2021
$3.5M
2017
Price N/A
2016
Price N/A
2014
$2.3M
2008
$2.6M
1969
Price N/A
1969
Price N/A
Zoning & alternative use
PIP2/CR AO · Colorado Springs, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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